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EAAA India Alternatives’ Rs 1,200 crore IPO kicks off. Check all key details here

EAAA India Alternatives’ Rs 1,200-crore IPO opened today and will close on October 28, 2026, with a price band of Rs 1,585–Rs 1,665 per share. The offer is entirely an OFS. Its grey market premium stands at around 2%. FY26 income rose 23%, while profit increased 15%.

The Rs 1,200 crore IPO of EAAA India Alternatives commenced trading on Monday, allowing investors three days to submit their bids. In the secondary market, the issue is garnering a grey market premium (GMP) of around 2%, indicating modest gains over the issue price. However, the GMP remains an unofficial metric. The IPO is an offer for sale (OFS) of 72.07 lakh equity shares by the promoter selling shareholder, Edelweiss Securities & Investments Pvt.

Consequently, the company will not receive any proceeds from the offering as the entire amount goes to the selling shareholder.

Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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